TikTok Agrees to $92M Data Breach Settlement: Users are in for Payday
“TikTok users may be eligible for a share of $92 million after the social media company agreed to a class-action settlement. The settlement stems from 21 separate lawsuits accusing TikTok of violating federal and state law by collecting and using the personal data of users without “sufficient notice,” reports Andrew Court in New York Post.
“The company has denied any wrongdoing, but has agreed to settle the suits in order to avoid going to trial, NBC reports. While we disagree with the assertions, rather than go through lengthy litigation, we’d like to focus our efforts on building a safe and joyful experience for the TikTok community the company said in a statement.”